Norges Bank Acquires Shares of 219,395 Qualys, Inc. $QLYS

Norges Bank purchased a new position in shares of Qualys, Inc. (NASDAQ:QLYS) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 219,395 shares of the software maker’s stock, valued at approximately $29,158,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in Qualys by 204.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 213 shares of the software maker’s stock valued at $28,000 after buying an additional 143 shares in the last quarter. Allworth Financial LP increased its holdings in Qualys by 86.8% in the 3rd quarter. Allworth Financial LP now owns 284 shares of the software maker’s stock worth $38,000 after purchasing an additional 132 shares in the last quarter. Employees Retirement System of Texas acquired a new position in Qualys in the 4th quarter worth about $43,000. Richardson Financial Services Inc. increased its holdings in Qualys by 127.0% in the 4th quarter. Richardson Financial Services Inc. now owns 345 shares of the software maker’s stock worth $46,000 after purchasing an additional 193 shares in the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new position in Qualys in the 3rd quarter worth about $55,000. Institutional investors and hedge funds own 99.31% of the company’s stock.

Insider Transactions at Qualys

In other news, CFO Joo Mi Kim sold 1,031 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $111.67, for a total value of $115,131.77. Following the completion of the sale, the chief financial officer directly owned 82,180 shares of the company’s stock, valued at $9,177,040.60. This represents a 1.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Bruce K. Posey sold 865 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.43, for a total value of $86,871.95. Following the sale, the insider directly owned 65,436 shares of the company’s stock, valued at $6,571,737.48. The trade was a 1.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 19,172 shares of company stock valued at $2,124,751 over the last ninety days. 1.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

QLYS has been the subject of a number of recent research reports. Truist Financial lowered their target price on Qualys from $120.00 to $85.00 and set a “hold” rating for the company in a report on Friday, April 24th. Royal Bank Of Canada upped their target price on Qualys from $85.00 to $90.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Morgan Stanley set a $96.00 target price on Qualys in a report on Wednesday, May 6th. William Blair cut Qualys from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Finally, Canaccord Genuity Group lowered their target price on Qualys from $150.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Qualys presently has a consensus rating of “Hold” and an average price target of $122.14.

Qualys Stock Performance

Shares of NASDAQ:QLYS opened at $109.71 on Wednesday. The business’s 50 day simple moving average is $93.19 and its two-hundred day simple moving average is $112.06. The firm has a market cap of $3.86 billion, a P/E ratio of 19.70 and a beta of 0.66. Qualys, Inc. has a 52-week low of $74.51 and a 52-week high of $155.47.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, May 5th. The software maker reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.14. The business had revenue of $175.64 million for the quarter, compared to analyst estimates of $173.63 million. Qualys had a return on equity of 37.15% and a net margin of 29.41%.The company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.67 earnings per share. Qualys has set its FY 2026 guidance at 7.440-7.650 EPS and its Q2 2026 guidance at 1.730-1.800 EPS. On average, equities analysts forecast that Qualys, Inc. will post 5.47 earnings per share for the current fiscal year.

Qualys Company Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.